High-grade mineralization with intervals of up to
four meters have been found.
Goldplay
Exploration Ltd. (GPLY:TSX.V; GLYZF:OTCQB) provided additional results from sampling of the historical core drill holes
completed in 2010 on the company's San Marcial project in Mexico.
"The Company continues to successfully identify attractive, wide,
near surface high-grade mineralized zones defining a near surface target at
San Marcial for future project development," stated the company.
Results from two additional holes were received. A 4.0 meter intercept
from SM-10-08 reported a high-grade zone of 589 g/t Ag eq within a wider 19.0
meter silver mineralized zone.
"Consistent high-grade, near surface silver results returned from the
sampling of historical holes at the San Marcial Project continue to encourage
the Company," said Goldplay president and CEO Marcio Fonseca. "Goldplay's
drill core sampling program is advancing rapidly, and an updated resource
estimation is scheduled for completion in the December quarter of 2018."
The sampling of SM-10-03 and SM-10-08 confirmed high grade intervals
within a wide and attractive zone of silver mineralization close to the
surface (approximately 100 meters below the surface).
"The results provide additional information to extend known
mineralization down-dip in the center of the resource area which has
potential for open pit development," stated Goldplay. "The company
is advancing the drill core sampling program, prioritizing areas with
historical drilling not fully sampled in the past and located in areas with
evidence of upside potential for resource expansion."
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